Today I bought 2 stocks as i looked and it looked like i missed the exdividend date on a stock buy for a company that payed next month. So as i was deciding i looked at one and the other one i wanted to add to also. Read more
MRCC is a BDC I bought today. I bought 55 shares at a price of $15.90 for a total of $881.44 It has a yearly dividend of 1.40 a share and a 8.80% yield a little high but it looks like an excellant company that will provide steady income. I believe this company is one of the better run BDC out there. This is my first position in this company. This buy adds $77.00 dollars a year. and $19.25 a quarter
My second buy was a venture overseas to buy VOD. This buy added to an existing position I wont recieve a dividend from Vod until next year but man will it be worth it I bought 30 shares at price of $31.32 total price was $946.52 to bring my share total to 85 shares it has a current dividend of $2.05 per year and a yield of 6.50. This purchase adds $61.05 to next years dividend bringing it to a total of $174.25.
Not bad for a days work? what are your thoughts on the purchase? Do you own any shares of the above stocks?
A little disclaimer here as i am not a professional stock picker nor do i play one on TV any picks are for my use only any attempt to copy could result in both of us being dissapointed or both being happy.
God bless every one of you